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Aryzta Well Placed to Benefit From Economic Recovery

Aryzta Well Placed to Benefit From Economic Recovery

    Aryzta Well Placed to Benefit From Economic Recovery

Swiss and international speciality bakery group Aryzta has reported a 2.2% increase in operating profit (including associates and joint ventures) to Eur305m from underlying revenue up 8.6% to Eur3.01b. The

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Morpol Expands UK Salmon Business

    Morpol Expands UK Salmon Business

Poland-based Morpol, which is one of the world’s leading salmon processors, has expanded its UK operations with the acquisition of Brookside Products for less than £1m. Based in Cumbria, Brookside

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Nestle to Target New Opportunity in Personalised Health Science Nutrition

    Nestle to Target New Opportunity in Personalised Health Science Nutrition

Nestle is creating Nestle Health Science and the Nestle Institute of Health Sciences to pioneer a new industry between food and pharma. These two separate organisations will allow Nestle to

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Unilever Strengthens Personal Care Business With $3.7b Acquisition

    Unilever Strengthens Personal Care Business With $3.7b Acquisition

Unilever is strengthening its personal care business by acquiring US-based Alberto Culver Company for $3.7b in cash. Alberto Culver generated sales approaching $1.6b and EBITDA of over $250m for the

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Chinese Food Group Eyes United Biscuits

    Chinese Food Group Eyes United Biscuits

Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, for more than £2b. Private

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UK Food and Drink Exports Deliver Strong First Half Performance

    UK Food and Drink Exports Deliver Strong First Half Performance

UK exports of food and non-alcoholic drinks grew to more than £5b in the first half of 2010 – a rise of 4.3% on the same period in 2009 –

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Heineken Presented With 2010 World Business and Development Award

    Heineken Presented With 2010 World Business and Development Award

Gloabl brewer Heineken has been presented with the 2010 World Business and Development (WBD) Award for its groundbreaking sustainable local supply chain initiative in Sierra Leone. Heineken is one of

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Dairy Consolidation in Scotland

    Dairy Consolidation in Scotland

Graham’s, Scotland’s leading independent dairy company, is acquiring Claymore Dairies for an undisclosed price. Claymore Dairies was sold earlier this year by Arla Foods and North Milk Co-op to a

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Tata Global Beverages Seeking to Diversify into Food

Tata Global Beverages of India, which owns the UK-based Tetley Tea business, is planning to move into food via acquisitions. The beverages group is reported to be considering raising funds

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Zetar Completes Refinancing

    Zetar Completes Refinancing

Zetar, the UK confectionery and snack foods group, has completed its refinancing, agreeing new four year bank facilities with HSBC Bank. The refinancing provides Zetar with up to £45m in

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Warburtons to Close Welsh Bakery

    Warburtons to Close Welsh Bakery

British baker Warburtons is to close its site in Newport, Wales with the loss of 114 jobs. Acquired by Warburtons in 2005, the plant produces about 450,000 loaves of bread

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European Commission to Ban Addition of Sugar to Fruit Juices

    European Commission to Ban Addition of Sugar to Fruit Juices

The Commission has adopted a proposal to amend the Fruit Juice Directive, including a move to ban the addition of sugar to fruit juices – in line with the Commission

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Roshen Plans New $250 Million Russian Factory

    Roshen Plans New $250 Million Russian Factory

Roshen, the Ukrainian confectionery manufacturer, plans to invest $250m in building a new production complex near by Cosyrevka town in the Lipetsk region of Russia. It will be Roshen’s third

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Sainsbury Relaunches Taste the Difference Own Brand Range

    Sainsbury Relaunches Taste the Difference Own Brand Range

UK supermarket group Sainsbury has relaunched its premium ‘Taste the Difference’ range of own label food and beverage products. The new range will feature over 1,000 products with hundreds of

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McDonald’s Aims For Bigger Share of UK High Street Coffee Market

    McDonald’s Aims For Bigger Share of UK High Street Coffee Market

In response to rising coffee sales, McDonald’s is extending its freshly-ground coffee range with the addition of sustainably-sourced Espresso. The Rainforest Alliance certified beverage marks another step in McDonald’s journey

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Nestle to Invest in R&D Centre in India

    Nestle to Invest in R&D Centre in India

Nestle is investing SFr50m (Eur38m) to establish its first R&D Centre in India. The facility will be built in Manesar, close to Nestle India’s headquarters in Gurgaon, and will be

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Interim Loss at The Real Good Food Company

The Real Good Food Company, the UK sugar, ingredients and bakery group, has reported a loss before tax of £1.298m, including significant items of £189,000, for the first six months

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European Business News – Week ending September 24, 2010

Two of the UK’s three largest grocer retailers announced revamps of their own label food ranges in the past week. Asda’s relaunch of its ‘Chosen By You’ range involves more than

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FrieslandCampina to Supply Green Energy From Dairy Farms

    FrieslandCampina to Supply Green Energy From Dairy Farms

Dutch and the international dairy co-operative FrieslandCampina has entered into a collaboration agreement with energy supplier Essent for the production and supply of green energy by FrieslandCampina’s member dairy farmers

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Molson Coors Expands in China

    Molson Coors Expands in China

In line with its strategy of increasing its exposure to emerging beer markets, Molson Coors Brewing Company has completed its $40m acquisition of 51% controlling interest in a joint venture

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Asda Relaunches £8 Billion Own Label Food Range

    Asda Relaunches £8 Billion Own Label Food Range

Asda, the UK’s second biggest-supermarket group, has relaunched its entire range of more than 3,500 own label food products and invested over £100m in a concerted drive to improve product

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Consolidation in UK Vending Machines Market

SnackTime, one of the UK’s largest national operators of snack and chilled drink vending machines, has acquired Vendia UK for a maximum consideration of £10.98m. Vendia UK’s core operation is

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Emmi Strengthens Domestic Swiss Business

  Emmi Strengthens Domestic Swiss Business

Swiss dairy company Emmi has joined forces with MIBA, a group of milk producers in north-western Switzerland, to invest SFr2m

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Sudzucker Projects Higher Sales and Profits

  Sudzucker Projects Higher Sales and Profits

German-based Sudzucker, which is Europe’s largest sugar group, has reported a 57% increase in operating profit to Eur282m on sales

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Chinese Dragon Giving the EU an Upset Stomach

  Chinese Dragon Giving the EU an Upset Stomach

Businesses in the EU involved with importing or selling food and beverage products from China are walking, often blindly, into

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Ed Haas Opens Hungarian Confectionery Plant

Ed Haas, the Austrian confectionery manufacturer, has commenced production in a 6,000 sq m plant at Janossomorja in Hungary. Employing

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Stake in Seafood Holdings For Sale

  Stake in Seafood Holdings For Sale

Private equity firm Risk Capital Partners is reported to be looking to sell its 24% stake in Seafood Holdings, a

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Eckes-Granini Continues International Expansion

  Eckes-Granini Continues International Expansion

German beverages producer Eckes-Granini Group is planning a fruit juices joint venture with Turkish firm Yildiz Holding. Eckes-Granini is one

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Northern Ireland Meat Companies Look to Growth in Global Markets

  Northern Ireland Meat Companies Look to Growth in Global Markets

Northern Ireland’s £1.5 billion meat industry must work on strategies that will reduce costs and increase its ability to exploit

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Decline in UK On-trade Continues to Benefit Off-trade

  Decline in UK On-trade Continues to Benefit Off-trade

Over the past year value has declined in the UK on-trade across most categories yet value has grown in the

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European Business News – Week ending September 17, 2010

Attention returned to the UK dairy sector last week following a surprise profits warning by fresh liquid milk specialist Robert

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Premiumisation in UK Grocery Market Puts Pressure on Asda

  Premiumisation in UK Grocery Market Puts Pressure on Asda

The latest grocery market figures from Kantar Worldpanel, for the 12 weeks ending 5th September 2010 show respectable growth in

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Dairy Crest Reassures Investors

  Dairy Crest Reassures Investors

UK dairy group Dairy Crest has moved to reassure investors following rival Robert Wiseman Dairies’ shock profits warning due to

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Atlantic Grupa Focusing on Integrating Droga Kolinska Acquisition

Atlantic Grupa, Croatia’s biggest food and healthcare company, is focusing on integrating its recent acquisition of Droga Kolinska, the largest

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Campari Acquires Liqueur Brands From William Grant For €128 Million

  Campari Acquires Liqueur Brands From William Grant For €128 Million

Italian drinks producer Gruppo Campari is acquiring the Carolans, Frangelico and Irish Mist brands from William Grant & Sons, the

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Robert Wiseman Dairies Cautions on Profits

  Robert Wiseman Dairies Cautions on Profits

UK liquid milk specialist Robert Wiseman Dairies has cautioned that whilst anticipated sales volumes for the year remain unchanged, operating

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Cadbury Helps Kraft to Hit Sweet Spot

  Cadbury Helps Kraft to Hit Sweet Spot

Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or

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German Bakery Sale

German retail baker Kamps is selling a production unit and a chain of 100 stores in Hamburg to Nur Hier

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£4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

  £4.6 Billion European Ice Cream Market Stays Cool Despite a Cold Economy

New research from Mintel Global Market Navigator (GMN) reveals that Germans are the biggest ice cream lovers in Europe, with

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Strong Interim Results From Hilton Food Group

  Strong Interim Results From Hilton Food Group

UK-based Hilton Food Group, the leading specialist retail meat packing business supplying major international food retailers in Europe, has reported

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UK Food and Drink Processors Make First Step Towards 2020 Water Target

  UK Food and Drink Processors Make First Step Towards 2020 Water Target

Almost 500,000 cubic metres of water have already been saved as 36 of the UK’s leading food and drink manufacturers

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Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

  Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

Coca-Cola Hellenic has been recognised for its continuing commitment to embedding Corporate Social Responsibility into its operations across 28 countries

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Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

  Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

British dairy co-operatives First Milk and Milk Link have agreed terms for Arla Foods UK, the British arm of Scandinavian

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Biggest Fall in UK Alcohol Consumption in 60 Years

  Biggest Fall in UK Alcohol Consumption in 60 Years

UK drinkers are continuing to reduce their alcohol consumption, with 2009 seeing the sharpest year-on-year decline since 1948, according to

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French Miller Strengthens Position With Acquisition

French milling group Moulins Soufflet has acquired Grands Moulins d’Ozon to strengthen its national coverage. Based at Chatellerault, and with

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Kerry Group’s €33m Offer For Irish Cheese Maker Accepted

Global ingredients, flavours and consumer foods manufacturer Kerry Group has had its Eur33m offer for Newmarket Co-operative Creameries, the Irish

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Arla Foods Reveals Location For New £150 Million UK Dairy

  Arla Foods Reveals Location For New £150 Million UK Dairy

Arla Foods has announced that it will establish the world’s first zero carbon milk processing facility at Aston Clinton, Aylesbury,

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Consolidation in Irish Consumer Foods Market

  Consolidation in Irish Consumer Foods Market

Origin Enterprises, the Irish agri-nutrition and food business, and private equity firm CapVest have joined forces to create Valeo Foods

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Estrella Maarud Joins Savoury Snacks Industry Pledge

Estrella Maarud, a leading, Norwegian-owned manufacturer of savoury snacks for the Nordic and Baltic markets, has decided to join the

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Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

  Barry Callebaut to Expand Production Capacity After Global Supply Agreement With Kraft

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, and Kraft Foods, the world’s second largest food company

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Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

  Nestle Continues Expansion in Central and Eastern Europe With New Service Centre in Ukraine

Nestle is creating a new service centre in Ukraine to facilitate its continued expansion in the emerging markets of Central

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Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

  Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

Coca-Cola Enterprises, the world’s largest bottler of Coca-Cola products which will soon be focused purely on some of the largest

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UK Dairy Sector Responds to Carbon Footprinting Challenge

  UK Dairy Sector Responds to Carbon Footprinting Challenge

The first UK sector specific guidance for calculating the carbon footprint of all dairy products has been launched. Developed by

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Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain.

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